At Best

  

Categories: Trading, Managed Funds

It's a trading term. Like "at best price" or "best terms" or "best value for my client to whom I owe a fiduciary obligation to treat them well in the fashion of the principal-agent rule". So "at best" might mean the best price. It might mean the best volume...i.e. the client wanted 14 million shares at $21 or better. You bought them 1 million at $20 but then the stock went to $25. That was not "at best".

The term has nothing to do with where you go to get giant flat screens.

Related or Semi-related Video

Finance: What are Limit Order, Sell Limi...4 Views

00:00

Finance a la shmoop what is a limit order? you want to sell a thousand shares

00:07

of Colonel electric it was demoted after they cut their dividend the shares have [Scissors cuts dividend in half]

00:13

been trading wildly between $15 and $25 a share you don't want to feel like a

00:19

moron for having sold them at fifteen bucks when six weeks later they kissed

00:24

25 with tongue so what do you do well you put in a limit order that is you put

00:30

a limit of a minimum price of 25 bucks a share for Colonel Electric such that [Pile of stocks appear]

00:36

those shares will simply sit in your account unsold maybe forever until

00:41

somebody out in the wild blue yonder of Stockland is willing to pay twenty five [Woman standing at a colonel electric stand]

00:47

dollars or more for the shares where you have a minimum price limit of 25 bucks a

00:52

share in your order so here's to hoping they sell and don't get further demoted [Man carries stock into car]

00:57

Sargent Electric is just a place you don't want to go

Up Next

Finance: What Does "Away from the Market" Mean?
3 Views

What does “Away from the Market” mean? Away from the market just means that a stock is moving away from its benchmark. This happens when the bu...

Finance: What are Buy Stop and Sell Stop Orders?
10 Views

What are Buy Stop and Sell Stop Orders? An investor makes a buy stop order; the buy stop tells the broker to purchase an asset when its price becom...

Finance: What is Good 'Til Canceled (GTC)?
2 Views

What is Good ‘Til Cancelled (GTC)? GTC orders are trade orders that may be filled at any time unless the investor cancels it. Good til cancelled...

Finance: What is Good Delivery?
11 Views

What is Good Delivery? Good delivery just means that nothing gets in the way of a security transfer after a transaction is made. It’s kind of a d...

Find other enlightening terms in Shmoop Finance Genius Bar(f)